Friday, 11 January, 2008

Salomon halts French ski production

The slow decline of Salomon continues. After major restructuring and job losses in 2005/6 the group has announced that it will close the Rumilly plant and stop ski production in France. The news has still been a shock for the Haute-Savoie company which only recently celebrated its 60th anniversary. According to a union representative employees “are battered and bruised but were resigned to the decisions taken by Amer sports (OMX:AMEAS) in Finland, they no longer believe in the company”.

Posted by davidof at 06:57 AM
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